Tex. Util. Code § 39.360

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 39.360 - [Multiple versions] Large Flexible Load Registration
(a) In this section:
(1) "Virtual currency" has the meaning assigned by Section 12.001, Business & Commerce Code.
(2) "Virtual currency mining facility" means a facility that uses electronic equipment to add virtual currency transactions to a distributed ledger.
(b) The commission by rule shall require a person operating a virtual currency mining facility who enters into an agreement for retail electric service in the ERCOT power region to register the facility receiving service as a large flexible load under this section if:
(1) the facility requires a total load of more than 75 megawatts; and
(2) the facility load is interruptible.
(c) The rules must require a person described by Subsection (b) to:
(1) register the large flexible load with the commission not later than one business day after the date the agreement begins; and
(2) provide the commission with:
(A) the location of the facility; and
(B) the anticipated demand from the facility for the five-year period beginning on the date of the registration.
(d) The commission by rule shall:
(1) adopt criteria for determining whether a load is interruptible for the purposes of this section based on whether it is possible for the facility operator to choose to interrupt the load; and
(2) establish a method to ensure compliance with this section.
(e) The commission may share with an independent organization certified under Section 39.151 registration information received under this section.

Tex. Util. Code § 39.360

Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 463,Sec. 1, eff. 9/1/2023.